NOT LISTED FOR SALE

Estimated Value: $1,570,228 - $1,854,000

-- Bed
2 Baths
1,113 Sq Ft
$1,496/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,150,000 $1,033 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $9,976/month

92 Days on Market

Highlights

  • Bay View
  • A-Frame Home
  • Additional Land
  • Bayside
  • No HOA
  • Doors swing in

About This Home

As of March 2021

Duplex that has a rental history with tremendous bay views. Large 100 x 100 lot that can be sub divided into two lots each 50 x 100 with permission from the Ship Bottom land use. Buyer responsible for all approvals and permits. Duplex can be enjoyed while you decide on subdivision.

Last Agent to Sell the Property

Raymond Procaccini

Jersea Realty, LLC - SB License #0449513 Listed on: 11/03/2020

Last Buyer's Agent

Linda Okupski

Keller Williams Real Estate-Clinton

Keller Williams Real Estate-Clinton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,508

Year Built

  • Built in 1930

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00
  • Open Lot
  • Cleared Lot
  • Back Yard
  • Additional Land
  • Subdivision Possible

Home Design

  • Duplex
  • A-Frame Home
  • Frame Construction

Interior Spaces

  • 1,113 Sq Ft Home
  • Bay Views
  • Crawl Space

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Doors swing in
  • Bayside

Community Details

  • No Home Owners Association
  • Building Winterized
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 29-00009-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,508

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: A-Frame
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Duplex that has a rental history with tremendous bay views. Large 100 x 100 lot that can be sub divided into two lots each 50 x 100 with permission from the Ship Bottom land use. Buyer responsible for all approvals and permits. Duplex can be enjoyed while you decide on subdivision.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 1113
  • Living Area Sq Ft: 1113
  • Price Per Sq Ft: 1069.18
  • Above Grade Finished Sq Ft: 1113
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 209

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 154900.00
  • Land Assessed Value: 650000.00
  • Lot Features: Additional Lot(s), Cleared, Open, Rear Yard, Subdivision Possible
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075392
  • Tax Annual Amount: 8508.00
  • Assessor Parcel Number: 29-00009-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 1113
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/26/2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Mar 18, 2021
Sold by
Servedio James D
Bought by
Obermair Kim R and Obermair Mary G
Seller's Agent
Raymond Procaccini
Jersea Realty, LLC - SB
Buyer's Agent
Linda Okupski
Keller Williams Real Estate-Clinton
List Price
$1,400,000
Sold Price
$1,150,000
Premium/Discount to List
-$250,000
-17.86%
Current Estimated Value
$1,665,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,307
Avg. Annual Appreciation
8.86%
Original Mortgage
$500,000
Outstanding Balance
$455,635
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,209,672
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Obermair Kim R $1,150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obermair Kim R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $1,150,000 -3.4% $1,033 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/17/2021 01/17/21 Price Changed $1,190,000 -8.4% $1,069 / Sq Ft
01/02/2021 01/02/21 Price Changed $1,299,000 -7.2% $1,167 / Sq Ft
11/03/2020 11/03/20 For Sale $1,400,000 -- $1,258 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,347 $813,500 $650,000 $163,500
2023 $8,615 $813,500 $650,000 $163,500
2022 $8,615 $813,500 $650,000 $163,500
2021 $8,574 $813,500 $650,000 $163,500
2020 $8,508 $804,900 $650,000 $154,900
2019 $8,516 $804,900 $650,000 $154,900
2018 $8,532 $804,900 $650,000 $154,900
2017 $7,977 $804,900 $650,000 $154,900
2016 $8,228 $743,300 $630,000 $113,300
2015 $8,028 $743,300 $630,000 $113,300
2014 $8,020 $743,300 $630,000 $113,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC404760

Bright MLS

APN: 29-00009-0000-00005